British Lithium Ltd has been awarded a £2 million government grant to develop its project to extract lithium carbonate from mica in Cornish granite. FUND The Australian company received the money as part of the Advanced Propulsion Centre (APC)’s automotive transformation fund, which supports large scale industrialisation. The news follows yesterday’s announcement from local company […]
Tag: lithium
Cornish Lithium awarded further grant for Trelavour
Cornish Lithium Ltd has secured additional government funding to help develop its hard rock lithium project at Trelavour near St Austell, Cornwall. GRANT The undisclosed sum of money is from Innovate UK through the automotive transformation fund (ATF)’s scale up readiness validation competition (SuRV). Cornish Lithium will use the grant to construct a hydrometallurgical section […]
Arkle extends portfolio to Zimbabwe
Arkle Resources plc has expanded its exploration footprint with three lithium licences in Zimbabwe. ZIMBABWE Awarded in June, the “low-cost entry” prospecting licences cover 163 hectares in the Insiza District of the Matabeleland South Province. Chairman John Teeling described the acquisitions as a “toe-in-the-water exercise” by the company’s directors who have long experience in the country. CARRICKITTLE WEST […]
Power Metal continues Authier earn-in
Power Metal Resources plc said that strong lithium prices and neighbouring mining success had prompted it to continue its earn-in agreement for 100% of the Authier North and Duval East lithium properties in the prolific Val D’Or, Quebec, Canada. PROPERTIES In July 2021, the company’s local subsidiary Power Metal Resources Canada Ltd signed the earn-in agreement with Eagle Ridge […]
Cornish Lithium agrees lithium exploration with Rodda
Cornish Lithium Ltd will evaluate suitable sites for geothermal lithium production and heat on land owned one of the county’s leading businesses. RESEARCH BOREHOLE The company has signed an exclusive agreement with Rodda’s to assess land owned by the Cornish clotted cream producer. Cornish Lithium will design and drill a small research borehole, similar in […]
Cadence completes sale of Australian lithium assets
Cadence Minerals plc has completed the A$21.05 million (£12.08m) sale of its 31.5% stake in Lithium Technologies and Lithium Supplies (LT and LS) to Evergreen Pty Ltd. TRANSACTION Cadence received an initial AS$3.16m (£1.81m) in Evergreen shares and, subject to Evergreen achieving performance benchmarks, will receive in total A$6.63m (£3.8m) Evergreen will spend a minimum of A$4m over […]